Where do I put qualified 529 plan education expenses for the deduction? 04:54 PM

Forum|Forum|5 years ago
March 13, 2021
1 reply
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I see no place in the TTax program to put these expenses.

TurboTax Premier Online

Best answer by Hal_Al

Enter the 1099-Q*, before you enter educational expenses.

Assuming the student is yourself or your dependent:

In TurboTax (TT), enter expenses at:

Federal Taxes Tab (Personal for H&B version)

Deductions & Credits

-Scroll down to:

--Education

--Education Expenses

*In TurboTax (TT), enter the 1099-Q at:

Federal Taxes Tab (Personal for H&B version)

Deductions & Credits

-Scroll down to:

--Education

--ESA and 529 Qualified Tuition Programs (1099-Q)

Hal_AlAnswer

Employee

Enter the 1099-Q*, before you enter educational expenses.

Assuming the student is yourself or your dependent:

In TurboTax (TT), enter expenses at:

Federal Taxes Tab (Personal for H&B version)

Deductions & Credits

-Scroll down to:

--Education

--Education Expenses

*In TurboTax (TT), enter the 1099-Q at:

Federal Taxes Tab (Personal for H&B version)

Deductions & Credits

-Scroll down to:

--Education

--ESA and 529 Qualified Tuition Programs (1099-Q)

Need-8-figuresAuthor

THAT WAS A GOOD ANSWER! I discovered, in speaking with a TT Advisor, that my mistake was in not recognizing that a 529 Plan was also a "QTP" (qualified tuition plan, duh) and consequently in answering that question with a "No." Had I answered the question "Yes" then TT would have conducted me to a screen for listing and deducting my 529 school expenses, as explained by Hal-AI. TT needs to add "529 Plan" to the question to help dummies and the inattentive get it answered properly!